515 Crawford Street, Bakersfield, CA 93305, Bakersfield, 93305 - 0 bed, 0 bath
Loading property details...
515 Crawford Street
Bakersfield, CA 93305
ACTIVE
CONDITION: POOR
0Beds
0Baths
1,446Sq Ft
6,848Lot Size
Property Price
LIST PRICE$270,000
EST. MARKET VALUE
$270,000
SUMMARY
This Duplex Residential Income Asset represents a High-Potential Investment Opportunity, listed at a List Price of $270,000, which aligns with the $270,000 Fair Market Value. Featuring a Condition Rating of 5, this property requires a full rehab to modernize its 1958 infrastructure. The dual-unit configuration with separate gas and electric meters provides immediate operational efficiency for rental income. Its central location near Bakersfield College ensures consistent tenant demand. This is a strategic acquisition ideal for Buy-and-Hold Investors or Contractors seeking a value-add project.
Estimated Market Value
$270,000
Based on Realkey algorithm analyzing recent comparable sales in Bakersfield.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1958 and sold 'as-is,' this property shows significant signs of deferred maintenance. Interior images reveal dated cabinetry, missing electrical outlet covers, and visible ceiling seams, while the exterior siding and unmaintained grounds suggest a need for a full rehab to meet modern safety and functional standards.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Versatility
The property features two separate buildings on one lot, both currently vacant, allowing an investor to immediately place tenants at current market rates without the complexity of existing leases.
- Utility Configuration
Equipped with separate gas and electricity meters for each unit, this setup significantly reduces landlord overhead and simplifies utility management for the owner.
- Strategic Location
Centrally located near Bakersfield College and downtown with dual access via the street and rear alley, the property is well-positioned to attract a steady pool of student and professional renters.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6848, other record lot size in square feet = 6969.
- As-Is Condition
The property is being sold in 'as-is' condition, which, combined with its 1958 construction, suggests a likely need for immediate capital investment in repairs or modernization.
- Local School Ratings
The assigned elementary and middle schools currently hold low performance ratings, which may limit the property's appeal to long-term family tenants.
About 515 Crawford Street
PRICE REDUCTION - DUPLEX. 2 buildings in 1 lot. Front house 2 beds, 1 bath. Back house, 1 bed, 1 bath. Excellent opportunity for adding this duplex to your portfolio. Sale is "as-is" sale. Separate gas and electricity meter. Property is centrally located just minutes away from shopping, downtown and Bakersfield College. Both units are vacant. A lot of potential. Property has access also through the back from the alley. Seller needs to sell.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1958
- Lot Size
- 6,848 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Bakersfield Unified Schools
Myra A. Noble Elementary School
Grades K-5 • 0.4 mi
2/10
Jefferson Elementary School
Grades K-5 • 0.7 mi
3/10
Longfellow Elementary School
Grades K-6 • 0.8 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 7.5 |
| Baths | 0.0 | 4.0 |
| Square foot | 1,446 | 3,255.25 |
| Lot Size | 6,848 | 9,020 |
| Price | $270.0K | $503.0K |
| Price per sq ft | $187 | $185 |
| Built year | 1958 | 1968 |
| HOA | $0 | $0 |
| Days on market | 75 | 83 |
Pricing History
Listed for Sale
Aug 17, 2026
$270,000
$280,000
-4% Price Drop
Initial Listing
Price Change
Jul 10, 2026
$280,000
$290,000
-3% Price Drop
Initial Listing
Price Change
Jun 26, 2026
$290,000
Initial Listing
Sold
Jul 3, 2024
$230,000
Public Record
Sold
Apr 8, 2005
$230,000
Public Record